BUSINESS
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Why CBN ordered banks to sell off their dollar reserves immediately
The Central Bank of Nigeria (CBN) on Wednesday ordered Deposit Money Banks to offload their excess dollar reserves by February…
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NGX: Investors net worth decline by N1.07trn
The bears dominated the domestic market on Nigerian Exchange Ltd. (NGX) on Wednesday as market capitalisation dropped by N1.07 trillion.…
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Clear cases on $1.3bn oil block, Tinubu orders attorney-general, others
President Bola Tinubu has ordered the Attorney-General of the Federation, Lateef Fagbemi to clear court cases on 1.3 billion dollars…
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FBN Holdings appoints Femi Otedola board Chairman
FBN Holdings Plc on Wednesday appointed Mr Olufemi Otedola as its new Chairman, Board of Directors. The Holdings announced this…
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Firm unveils affordable, low cost housing plan for young Nigerians
A firm, Kairos Hof Consultants Ltd., has unveiled plans to provide affordable and low cost houses for young Nigerians, saying…
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NNPC Ltd, S/Korean investors hold talks to deepen gas projects
The Nigerian National Petroleum Company Limited (NNPC Ltd) is in serious talks with a South Korean consortium led by Daewoo…
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Stock market indices reverse positive trend, down by 1.5%
The stock market closed trading on Tuesday on a negative note, due to the losses in stocks of Tier-one banks.…
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NBCC advocates incentives to enhance Nigeria’s manufacturing performance
The Nigerian-British Chamber of Commerce (NBCC) has called for more incentives to enhance the performance of the manufacturing sector. Mr…
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Why Dangote refinery is importing crude from US – Report
The Dangote Petroleum Refinery is set to import crude oil from the United States in the coming months, as the…
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NDDC to invest in indigenous cassava starch production
The Niger Delta Development Commission (NDDC) says it will collaborate with Ebedebiri Starch Company, an indigenous firm, to boost its…
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